TSLA400.62011.72%
GM81.3203.27%
F12.8700.43%
RIVN17.2300.34%
CYD43.2600.9381%
HMC25.0000.64%
TM217.2004.34%
CVNA387.50025.26%
PAG161.3205.3%
LAD283.0408.17%
AN207.9909.7%
GPI349.94014.46%
ABG211.4407.35%
SAH70.7003.33%
TSLA400.62011.72%
GM81.3203.27%
F12.8700.43%
RIVN17.2300.34%
CYD43.2600.9381%
HMC25.0000.64%
TM217.2004.34%
CVNA387.50025.26%
PAG161.3205.3%
LAD283.0408.17%
AN207.9909.7%
GPI349.94014.46%
ABG211.4407.35%
SAH70.7003.33%
TSLA400.62011.72%
GM81.3203.27%
F12.8700.43%
RIVN17.2300.34%
CYD43.2600.9381%
HMC25.0000.64%
TM217.2004.34%
CVNA387.50025.26%
PAG161.3205.3%
LAD283.0408.17%
AN207.9909.7%
GPI349.94014.46%
ABG211.4407.35%
SAH70.7003.33%


Asbury Automotive

AutoNation and Sonic Automotive are expected to be affected the most by the recent CDK Global outage in their second-quarter earnings.

CDK Global outage set to hit AutoNation and Sonic Automotive hardest in Q2 earnings

- July 18, 2024
According to analysts, AutoNation and Sonic Automotive are expected to be the most affected by the recent CDK Global outage in their second-quarter earnings. Both dealership groups, ranked second and...
Dealership groups continued to build on their early-year successes in the third quarter but struggled to sustain profits from 2022.

Dealer groups show resilience in Q3 despite profitability pressures

- October 27, 2023
Dealership groups across the U.S. broke multiple performance records in the third quarter, highlighting retail automotive's unanticipated resilience in the post-pandemic era. Lithia & Driveway posted a third-quarter revenue of $8.3...
Asbury Automotive

Asbury Automotive Group adds eight more storefronts in Stevinson acquisition

- December 8, 2021
The M&A activity continues at a feverish pace in the automotive sector, and Asbury Automotive Group is making yet another acquisition. They’ve completed the purchase of Stevinson Automotive, a group...

Dealership M&A activity reaching feverish pace in third quarter

- October 20, 2021
For all of 2021, dealership sales, group mergers, and acquisitions have been occurring at a pace that defies convention. These profit centers have the ability to continue generating for the...

CBT automotive newscast: April 28, 2021

- April 28, 2021
Featured Interview: How consistent processes can increase revenue in the service department - Don Reed Dealers are beginning to see increased profits and revenues in their service and parts division. Today on...
Newscast

CBT Automotive Newscast: August 26, 2020

- August 26, 2020
Today's Featured Interview: CEO Alex Goldfayn Discusses Key Communication Strategies to Generate More Sales Many of our personal and professional lives have been altered since the start of Coronavirus, but that doesn’t...
driving assistance

CBT Automotive Newscast: August 11, 2020

- August 11, 2020
Today's Featured Interview: CA Dealer Hilary Haron on Facing Inventory Concerns and Encouraging Women to Work in Automotive Recently, women have made progress towards gaining better representation in the auto industry. Female...
auto retailers

A Glance at 2nd Quarter Results for Auto Retailers Across the Industry

- July 30, 2020
2020 has brought twists, turns, and challenges of every sort. Auto retailers have certainly felt the unpredictability as they’ve tried to navigate through the most unusual year in recent memory....
Erin Kerrigan

Erin Kerrigan Breaks Down the Revival of the Buy-Sell Market

- July 29, 2020
At this point, several publicly traded automotive groups including Lithia Motors, AutoNation, and Asbury Automotive reported an increase in earnings per share for Q2. These earnings highlight the resilience of...
Ryan Kerrigan

Ryan Kerrigan Discusses the Canceled Asbury Acquisition and More Ways COVID-19 Has Affected the Buy-Sell Market

- March 26, 2020
  As part of our ongoing Coronavirus coverage, we’re pleased to welcome back Ryan Kerrigan, buy-sell expert and Managing Director at Kerrigan Advisors. In this segment, Jim and Ryan discuss the...


CBT News
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